Wells Fargo Portfolio holdings
Wells Fargo & Company, founded in 1852 by Henry Wells and William Fargo, is a major American financial institution headquartered in San Francisco, California, known for its extensive retail banking network and historical roots in the American West. Offering a wide range of services—including consumer banking, mortgages, wealth management, and commercial finance—it manages trillions in assets and serves millions of customers through thousands of branches and ATMs across the U.S. Despite its prominence, Wells Fargo faced significant scrutiny following a 2016 scandal involving millions of unauthorized accounts, leading to leadership changes and regulatory penalties, though it has since focused on rebuilding trust and enhancing digital banking capabilities. With a legacy tied to stagecoaches and a modern focus on diversified financial services, Wells Fargo remains a key player in the U.S. banking sector.
Top Buys
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1B |
| 2 |
Microsoft
MSFT
|
+$878M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$748M |
| 4 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$647M |
| 5 |
Amazon
AMZN
|
+$436M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.09% |
| 2 | Healthcare | 9.01% |
| 3 | Financials | 7.29% |
| 4 | Industrials | 6.45% |
| 5 | Consumer Discretionary | 5.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1626
NetEase
NTES
$82B
| $8.82M | ﹤0.01% |
94,512
-30,151
| -24% | -$2.87M |
|
|
AIRC
1627
DELISTED
Apartment Income REIT Corp.
AIRC
| $8.8M | ﹤0.01% |
211,573
-54,659
| -21% | -$2.53M |
|
1628
SouthState Bank Corp
SSB
$10.6B
| $8.8M | ﹤0.01% |
114,046
-36,859
| -24% | -$2.87M |
|
1629
Neurocrine Biosciences
NBIX
$16.4B
| $8.78M | ﹤0.01% |
90,079
-13,684
| -13% | -$1.26M |
|
1630
iShares Europe ETF
IEV
$1.69B
| $8.77M | ﹤0.01% |
205,280
-26,468
| -11% | -$1.24M |
|
1631
Invesco S&P 500 Equal Weight Energy ETF
RSPG
$544M
| $8.76M | ﹤0.01% |
142,365
+22,807
| +19% | +$1.6M |
|
1632
Unity
U
$15.5B
| $8.74M | ﹤0.01% |
237,261
-24,439
| -9% | -$1.39M |
|
1633
iShares JPMorgan EM Corporate Bond ETF
CEMB
$405M
| $8.71M | ﹤0.01% |
203,258
+99,931
| +97% | +$4.45M |
|
1634
VanEck International High Yield Bond ETF
IHY
$43.3M
| $8.7M | ﹤0.01% |
453,908
-115,124
| -20% | -$2.38M |
|
1635
Ciena
CIEN
$57.9B
| $8.7M | ﹤0.01% |
190,260
-38,685
| -17% | -$2.01M |
|
1636
Silicon Laboratories
SLAB
$7.2B
| $8.69M | ﹤0.01% |
61,966
-39,640
| -39% | -$5.55M |
|
1637
Petrobras
PBR
$118B
| $8.69M | ﹤0.01% |
743,677
+73,684
| +11% | +$1.02M |
|
1638
CALL
Chevron
CVX
$371B
| $8.67M | ﹤0.01% |
59,900
+44,900
| +299% | +$7.42M |
|
1639
Casella Waste Systems
CWST
$5.73B
| $8.67M | ﹤0.01% |
119,263
-350,576
| -75% | -$26.7M |
|
1640
CALL
United Rentals
URI
$72.3B
| $8.65M | ﹤0.01% |
+35,600
| New | +$10.5M |
|
1641
BlackRock Capital Allocation Term Trust
BCAT
$1.66B
| $8.64M | ﹤0.01% |
589,849
+17,232
| +3% | +$266K |
|
|
SLY
1642
DELISTED
SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index--symbol SML)
SLY
| $8.64M | ﹤0.01% |
107,921
-28,262
| -21% | -$2.44M |
|
1643
Lloyds Banking Group
LYG
$90.7B
| $8.64M | ﹤0.01% |
4,233,708
-21,069
| -0.5% | -$46.5K |
|
1644
First Trust STOXX European Select Dividend Income Fund
FDD
$900M
| $8.61M | ﹤0.01% |
791,695
-249,232
| -24% | -$3.1M |
|
1645
Janus Henderson Mortgage-Backed Securities ETF
JMBS
$6.74B
| $8.6M | ﹤0.01% |
179,239
-2,462
| -1% | -$119K |
|
1646
iShares Residential and Multisector Real Estate ETF
REZ
$879M
| $8.57M | ﹤0.01% |
107,183
-124,493
| -54% | -$10.8M |
|
1647
Howmet Aerospace
HWM
$117B
| $8.56M | ﹤0.01% |
272,293
-188,858
| -41% | -$6.47M |
|
|
ALE
1648
DELISTED
Allete
ALE
| $8.54M | ﹤0.01% |
145,333
-46,434
| -24% | -$2.84M |
|
1649
NRG Energy
NRG
$25.5B
| $8.52M | ﹤0.01% |
223,076
-193,522
| -46% | -$7.91M |
|
|
HYB
1650
DELISTED
New America High Income Fund, Inc.
HYB
| $8.5M | ﹤0.01% |
1,248,441
-61,395
| -5% | -$460K |
|
Similar funds
Wells Fargo's Q2 2022 Portfolio in Review
As of Q2 2022, Wells Fargo held 8,080 positions worth $323B, down 17% from $390B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo withdrew a net $12.6B in Q2 2022, closing 375 positions and reducing 4,229 holdings. Its most notable exit was People's United Financial Inc, an estimated $250M position sold in full.
By sector, the portfolio is most concentrated in Technology at 13% of assets, down from 15% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Wells Fargo opened a new position in Aspen Technology Inc worth $80.2M.
- Wells Fargo's largest Q2 2022 buy was Aspen Technology Inc: 436,654 shares worth $80.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2022, an estimated $2.47B increase.
- Wells Fargo's biggest Q2 2022 reduction was Apple, cutting an estimated $1B.
- Wells Fargo fully exited People's United Financial Inc in Q2 2022, selling an estimated $250M.
- Wells Fargo's ten largest holdings make up 18% of its $323B portfolio in Q2 2022.
- Wells Fargo opened 271 new positions and closed 375 in Q2 2022.
- Wells Fargo's portfolio value fell 17% quarter-over-quarter to $323B.
Based on Wells Fargo's 13F filing for Q2 2022, filed 12 Aug 2022.